National Republican., 1887-08-24
A RALLY AT THE CLOSE.
Prices Alternate in Yesterdays Deal
inRs on Change.

New York, Aug. 23.-The movements iu
the stock market to-day closely resembled
those Of yesterday, but the declines were
not so extensive, while the rally was much
stronger, and Uost stocks ended the day
with small net gain. There was a dearth
OF news, but the dividend on Pacific Mail
and the vague rumors of surprise 10
Western Union were OF considerable use In
maintaining prices. There was tendency
also to look upon the favorable side as re-
CARDS the action OF the Secretary of the
Treasury TO morrow. The bears, however,
quickly got to work, and, meeting with no
opposition beyond the legitimate demand
for stocks, experienced no difficulty In de.
pressing valuee, although they were not
so successful In dlslodging long stock as
they have been Of late. When this move
ment exhausted itself vigorous buying,
in which the sellers Of the forenoon were
prominent, aud in almost everything the
early losses were more than regained. The
attention was concentrated upon some half
dozen stocks, while the remainder were
stagnant.
The first sales were made at irregular
changes Of small fractions from yesterdays
final prices, and the market was quiet, with
four or five stocks monopoizlng the bust.
ness. After little hesitation, prices ad .
vanced fractions, but again receded with
more animation, and the market was car
rled below the opening. There was q more
decided break after noon, when Western
Union Joined the weak stocks. Lowest
figures were generally reached shortly after
p. In, when the rally became general, and
sharp upward movement resulted. The
advance was checked only with the close of
business, which was dull and firm at about
opening figures.
Money on call has been easy, rang
ing from to o, last loan at @, and closing
offered at 4. Bar silver, 00i. Sterling ex-
change dull and unchanged. Actual busi-
ness at 4s07 to 4sl for 60.day bills, and 4s3
to 4s3t for demand. Posted rates, 4s2 to
ass. Government bonds dull, but firm to
strong. State bonds dull and steady.
Treasury balances Coin, S134 ,S95, 400;
currency, $l3,695,506.
The following were the closing bid quota.
tions:
4s, 1875; ~ coup, 100; Pac. es of ,e5, 1927
t Cons Ho vi IN? No. es g of 81 & lo NJ goa y Con- Con-
Gs, 1872; do. Is, 90; Tenn. settlement 6s, 103;
do. 5s, 70; Va 6s, IS; do. consols, X N.
g. 46: Tenn h settlement 81, 70; Cen, pae.
and T., ~; Northern Pac. Hrsts, 1875; do.
seconds, 1O5ll Northwestern cons, 1871; do.
dobenture, siISi 81. /. aud san Fran. :, 1885 81.
l2l14 Southern Pac. frsts, Ill T p. Il. G. and
G., 7o1&; Northern Pac. irsts, 1l47s; West shore,
%; Adams Express, las: Alton aud Il. II.
Line pid., Ss; b. g. and 4; n. q; Canada
Southern. 5414; Canton, $53; Cen. Pac., 36l[;
Ches. land Ohio, O; Chicago and Alton.i7;
do. pfd 15h; q. b. and O., ls9; Cleve-
land and Col b2; Con. Coal, %; Del and
Mpd., 1907; Del. and +, l297ss; DENY and r. O.,
2G1l; Erie, 8O3; do. pfd, 6s15; Fort Wayne, l5l ;
Harlem, 2i5; Houston and Texas, 25; M. Cen,
lis; Kans. and Texas, 26l4; l.. t. and W., 1733Ss;
Lake Shore. 9S14; Lyl. and Nash, 62i32
Met. L., 1855: Mich. Cen, $40. Mo. Pac.,
e691; Mob and o. 10; Mar. and E., 1375S
n. Chat. 20; N. J. Gen., 7ih; Norfolk and
Western pfd., 40; Northern Pac,, 294; do. pfd.,
5214; Northwestern, 1l414 do. ptd., iii; N.
Y. Cen. 1925; Chicago and st. L.. 17ls; do.
gid,, 2Ssl Ohio a. and Miss, 252s; DO pd;, 90;
burg 1852; Reading, $40 Richmond aud
Ispd, l2i91 St. l.. and San. Fran. S61I 4; do. pfd,
7sSs do. first pfd;, ll2A; St; Paul, s6l2 do pid,
Il91ai 81 7; and O., 46H! do; pfd, los: Texas
West. Union 7235 Tenn. Coal aud Iron, 3i1:
Cotton Oil Trust, 3l2s; Quicksilver, 8; do.
%Asked.
Grain and Provisions.